Recommendation: NO
Current Price: $344.35
Total Wheels: 13
EditTypically you want to choose options that have a higher than 70% chance of being out of the money, since then you only have a 30% chance of actually acquiring the stock. Beyond that maximumizing the annualized rate of return is a good idea.
Annualized rate of return is computed fairly bullish as (max_return * odds + (1 - odds)) ^ (252 / calendar_days). This assumes that if you accidently acquire the stock you will be able to do something such that effectively get you a 1x return immediately.
| Ticker | Strike | Premium | Ticker Price | Calendar Days To Expiration | Odds Out Of The Money % | Maximum Return % | Annualized Rate Of Return |
|---|---|---|---|---|---|---|---|
| MDB | 340.0 | 9.95 | 344.35 | 5 (2026-02-13) | 57.53% | 2.93% | 2.32x |
| MDB | 325.0 | 5.2 | 344.35 | 5 (2026-02-13) | 74.60% | 1.60% | 1.82x |
| MDB | 340.0 | 33.5 | 344.35 | 30 (2026-03-20) | 57.26% | 9.85% | 1.59x |
| MDB | 340.0 | 16.45 | 344.35 | 15 (2026-02-27) | 56.53% | 4.84% | 1.57x |
| MDB | 300.0 | 17.3 | 344.35 | 30 (2026-03-20) | 73.95% | 5.77% | 1.42x |
| MDB | 290.0 | 14.05 | 344.35 | 30 (2026-03-20) | 77.73% | 4.84% | 1.36x |
| MDB | 280.0 | 11.55 | 344.35 | 30 (2026-03-20) | 81.07% | 4.13% | 1.32x |
| MDB | 340.0 | 42.05 | 344.35 | 70 (2026-05-15) | 58.26% | 12.37% | 1.28x |